Where else can I turn to for advice, unbiased and honest? Right here, of course! Family and friends know "too much", so I'm looking to my mybloggers friends.

Here's the deal. I need to make a new will. Why? Circumstances have changed recently.

I have four children (the sex of which matters not). My current will divides everything equally--25% each. Easy.

Not so fast, my friend. With the farm property, it gets complicated. One daughter with husband wants to farm it. The others are not interested. But, of course, farm land nowadays is worth a lot of money. And I've already "gifted" 20 acres (out of 120) to Emily and Nate.

If I divided the leftover 100 acres (25 ea), I'm sure Nate would want to buy out the others. But he could never afford it. (It's worth $6000/ac in today's market.)

My current home and investment assets aren't worth as much, or that much. But, unlike land, it's "cash on hand" when divvied out. And, I've already loaned Nate and Emily a considerable amount of money to move their house, etc., which I may never see again. (They insist I will.) It depends on how well their farming business goes.

Another "toss in" is my share of my inheritance. I have no idea how much that will be (if anything--divided 3 ways). Dad's worth is a well kept secret. He's from the old school.
Whatever amount that is would add to my "wealth".

Right now, I'm thinking about a 30-30-30-10 split in my total assets, with Nate and Emily getting the 10% plus ALL the farm. It can never be perfectly fair because of all the variables involved--land worth, my inheritance, my financial worth, etc. Luckily, my kids don't seem to care, plus they get along with each other just great.

Any suggestions/recommendations would be welcome.